Taxes

Does it bother anyone besides me that there are multiple instances in which the largest percentage of profit on an item goes to the government? If something costs $1 to produce, and the producer adds 10% and sells it for $1.10, should the government(s) really be able to add 15% to the sales price for themselves? How about 115%? How about 300%?

Perhaps there should be a restriction in effect at both the Federal and State level along the lines of "No tax upon the sale or transfer of any item shall exceed the average margin of profit realized by the largest 2 producers of the item."

This would bring down the price of gasoline and other refined hydrocarbons, and drastically slash the cost of smokes and booze. This alone should raise the happiness quotient of the country.